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Changzhou Kaidi Electrical (SHSE:605288) Price-to-Tangible-Book : 1.08 (As of Jun. 05, 2024)


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What is Changzhou Kaidi Electrical Price-to-Tangible-Book?

As of today (2024-06-05), Changzhou Kaidi Electrical's share price is ¥32.03. Changzhou Kaidi Electrical's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥29.70. Hence, Changzhou Kaidi Electrical's Price to Tangible Book Ratio of today is 1.08.

The historical rank and industry rank for Changzhou Kaidi Electrical's Price-to-Tangible-Book or its related term are showing as below:

SHSE:605288' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.08   Med: 1.56   Max: 3.4
Current: 1.08

During the past 9 years, Changzhou Kaidi Electrical's highest Price to Tangible Book Ratio was 3.40. The lowest was 1.08. And the median was 1.56.

SHSE:605288's Price-to-Tangible-Book is ranked better than
78.07% of 2823 companies
in the Industrial Products industry
Industry Median: 2.03 vs SHSE:605288: 1.08

A closely related ratio is called PB Ratio. As of today, Changzhou Kaidi Electrical's share price is ¥32.03. Changzhou Kaidi Electrical's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥31.15. Hence, Changzhou Kaidi Electrical's P/B Ratio of today is 1.03.


Changzhou Kaidi Electrical Price-to-Tangible-Book Historical Data

The historical data trend for Changzhou Kaidi Electrical's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Changzhou Kaidi Electrical Price-to-Tangible-Book Chart

Changzhou Kaidi Electrical Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - 3.35 2.35 1.36 1.60

Changzhou Kaidi Electrical Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.31 1.51 1.40 1.60 1.25

Competitive Comparison of Changzhou Kaidi Electrical's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Changzhou Kaidi Electrical's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Changzhou Kaidi Electrical's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changzhou Kaidi Electrical's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Changzhou Kaidi Electrical's Price-to-Tangible-Book falls into.



Changzhou Kaidi Electrical Price-to-Tangible-Book Calculation

Changzhou Kaidi Electrical's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=32.03/29.703
=1.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Changzhou Kaidi Electrical Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Changzhou Kaidi Electrical's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Changzhou Kaidi Electrical (SHSE:605288) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Hengcui Road, Jiangcun Village, Henglin Town, Wujin District, Jiangsu Province, Changzhou, CHN, 213101
Changzhou Kaidi Electrical Inc is engaged in production and sales of linear drive system products. The company develops linear drive systems, product development, manufacturing, and domestic and international marketing. It provides linear drive system products in the fields of medical care, auto parts, among others.
Executives
Yao Bu Tang senior management
Lu Xiao Bo Directors, senior managers
Zhou Rong Qing Directors, senior managers
Yan Guo Hong senior management
Zhou Lin Yu Director
Zhou Shu Cheng Directors, senior managers
Chen Xu Pei senior management
Zhou Yan Qin senior management

Changzhou Kaidi Electrical (SHSE:605288) Headlines

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